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Politics News 5 January 2026 - 22 January 2026

Trump slaps JPMorgan and CEO Jamie Dimon with a $5 billion ‘debanking’ lawsuit

Trump slaps JPMorgan and CEO Jamie Dimon with a $5 billion ‘debanking’ lawsuit

NEW YORK, January 22, 2026, 13:43 EST President Donald Trump filed a $5 billion lawsuit against JPMorgan Chase & Co and CEO Jamie Dimon on Thursday, alleging the bank cut ties with him in 2021 for political reasons. JPMorgan swiftly dismissed the claims as baseless. Reuters The lawsuit drags Trump’s “debanking” fight into the legal arena just as the White…
22 January 2026
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Trump’s Truth Social ‘America First’ ETFs hit NYSE as Trump Media’s new investing push draws scrutiny

Trump’s Truth Social ‘America First’ ETFs hit NYSE as Trump Media’s new investing push draws scrutiny

New York, Jan 20, 2026, 02:23 EST Trump Media & Technology Group is raising fresh conflict-of-interest questions by launching investment products under the Truth Social brand, broadening its reach beyond social media and streaming into finance. The timing matters because these products connect a sitting president’s name and platform to vehicles accepting outside funding. Critics warn this might create a…
20 January 2026
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Trump’s Greenland tariff threat sets up a tense week for global stocks

Trump’s Greenland tariff threat sets up a tense week for global stocks

London, January 18, 2026, 17:03 GMT — The market has closed. Global stock markets are bracing for volatility this week after President Donald Trump threatened new tariffs on eight European countries if the U.S. isn’t allowed to buy Greenland. He announced a 10% import tariff starting Feb. 1, set to jump to 25% on June 1 unless a deal is…
18 January 2026
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Microsoft stock slides after Trump pressures tech on data-center power bills

Microsoft stock slides after Trump pressures tech on data-center power bills

New York, Jan 13, 2026, 16:04 EST — After-hours Shares of Microsoft (MSFT) slipped 1.8% to $468.44 in after-hours trading Tuesday following the company’s announcement of a new strategy aimed at preventing its rapidly expanding data-center operations from inflating consumer power bills. The shift comes as utilities and state regulators scrutinize who should foot the bill for grid upgrades needed…
13 January 2026
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Trump eyes shutting Exxon out of Venezuela — but the oil giant still plans a look

Trump eyes shutting Exxon out of Venezuela — but the oil giant still plans a look

New York, January 13, 2026, 07:10 EST Exxon Mobil is still planning to dispatch an assessment team to Venezuela in the coming weeks, according to someone familiar with the company’s strategy, despite President Donald Trump’s hint that he might block the oil giant’s access to the country. Exxon shares slipped 0.5% to $124.03 ahead of the open. The standoff is…
13 January 2026
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Trump’s 10% credit card rate cap plan hits bank stocks as JPMorgan, Citi slide

Trump’s 10% credit card rate cap plan hits bank stocks as JPMorgan, Citi slide

New York, Jan 13, 2026, 04:52 EST U.S. financial stocks tumbled Monday after President Donald Trump proposed a one-year cap on credit card interest rates, sparking concerns over a major profit driver. JPMorgan Chase (JPM.N) slid 2.5%, Bank of America (BAC.N) lost 1.6%, Citigroup (C.N) dropped 3.7%, and Wells Fargo (WFC.N) dipped 1.5% in early trading. UK-listed lenders also declined.…
13 January 2026
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JPMorgan stock slides after Trump credit-card rate cap call; earnings and CPI due Tuesday

JPMorgan stock slides after Trump credit-card rate cap call; earnings and CPI due Tuesday

New York, Jan 12, 2026, 17:17 EST — After-hours Shares of JPMorgan Chase & Co slipped Monday following President Donald Trump’s call for a one-year 10% cap on credit-card interest rates starting Jan. 20, stirring fears over a crucial revenue stream for major banks. JPM fell 1.5% in after-hours, closing at $324.49 after hitting a low of $317.34 during the…
12 January 2026
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Trump’s payout curb keeps space and defense stocks in play ahead of Monday

Trump’s payout curb keeps space and defense stocks in play ahead of Monday

New York, Jan 11, 2026, 12:55 EST — Market closed Defense contractors are scrambling for legal counsel after President Donald Trump signed an executive order tying share buybacks, dividends, and executive pay to weapons delivery timelines, three sources familiar with the issue said. The sector handed back around $8 billion in dividends and about $10 billion in buybacks over the…
11 January 2026
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RTX stock swings after Trump defense-budget push, buyback ban clouds next move

RTX stock swings after Trump defense-budget push, buyback ban clouds next move

NEW YORK, Jan 8, 2026, 19:37 EST — Trading continues after hours RTX shares climbed 0.8% to $187.17 in after-hours trading Thursday, capping a wild ride that saw the stock soar more than 6% at one point. The jump came as defense stocks broadly rallied, fueled by President Donald Trump’s push for a $1.5 trillion U.S. military budget in 2027.…
9 January 2026
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Trump’s Venezuela oil plan starts now: 30–50 million barrels headed for U.S.

Trump’s Venezuela oil plan starts now: 30–50 million barrels headed for U.S.

CARACAS, Jan 7, 2026, 13:54 (VET) The Trump administration will start moving Venezuelan crude to the United States immediately, shipping an initial 30 million to 50 million barrels and keeping sales running indefinitely, a senior Trump administration official said on Wednesday. The official said Washington would selectively ease sanctions to help keep Venezuelan crude and refined products flowing to global…
7 January 2026
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Trump’s Venezuela Oil Move Sends Chevron, Refiners Jumping as Crude Holds Steady

Trump’s Venezuela Oil Move Sends Chevron, Refiners Jumping as Crude Holds Steady

NEW YORK, Jan 5, 2026, 09:25 (EST) U.S. energy shares surged in pre-market trading on Monday after President Donald Trump pledged to unlock Venezuela’s oil reserves following the U.S. capture of Venezuelan President Nicolás Maduro. Chevron was up about 7%, while Exxon Mobil and Halliburton also climbed. The Guardian Oil prices, however, barely moved as traders focused on what changes…
5 January 2026
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Stock Market Today

  • US Consumer Struggles Impact P&G Earnings Amid Market Volatility
    January 25, 2026, 11:52 AM EST. The US consumer's financial strain is evident as Procter & Gamble (P&G) reported second-quarter sales below estimates in grooming, fabric care, and baby sections due to shoppers opting for cheaper private-label alternatives. Despite beating earnings forecasts and maintaining full-year outlooks, P&G's CFO Andre Schulten highlighted cautious consumer behavior like using pantry inventory more sparingly. This cautious spending adds complexity to a stock market recovering from a sharp Tuesday drop linked to Greenland tariff fears, with the rally bolstered by comments from President Trump and Nvidia CEO Jensen Huang. The president's optimism about the market doubling this year contrasts with the underlying need for stronger consumer income growth to support broad economic gains.
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